Warner Bros Co. is deciding whether to invest in a new movie. The initial investment will be $632,750 and they expect cash inflows of $250,000 at the end of each year for the next three years from ticket and DVD sales. Using the annuity table below, what would be the internal rate of return for the movie? Present Value of Annuity of $1 Periods 8% 1 .926 1.783 3 2.577 9% .917 1.759 2.531 10% .909 1.736 2.487 2. a) 8% b) 10% c) 9% d) Impossible to calculate using figures above Pape 15 of 35